FSVLX vs. VOO
FSVLX (Fidelity Select Fintech Portfolio) and VOO (Vanguard S&P 500 ETF) are both funds - FSVLX is a Financials Equities fund managed by Fidelity, while VOO is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, FSVLX returned 7.11%/yr vs 15.14%/yr for VOO. Their correlation of 0.80 means they have usually moved in the same direction. FSVLX charges 0.81%/yr vs 0.03%/yr for VOO.
Performance
FSVLX vs. VOO - Performance Comparison
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Returns By Period
In the year-to-date period, FSVLX achieves a -11.79% return, which is significantly lower than VOO's 10.16% return. Over the past 10 years, FSVLX has underperformed VOO with an annualized return of 7.11%, while VOO has yielded a comparatively higher 15.14% annualized return.
FSVLX
- 1D
- -0.41%
- 1M
- 3.00%
- 6M
- -1.04%
- YTD
- -11.79%
- 1Y
- -11.83%
- 3Y*
- 3.63%
- 5Y*
- -2.49%
- 10Y*
- 7.11%
- ALL TIME*
- 8.04%
VOO
- 1D
- 0.71%
- 1M
- 0.26%
- 6M
- 8.58%
- YTD
- 10.16%
- 1Y
- 21.58%
- 3Y*
- 19.42%
- 5Y*
- 12.83%
- 10Y*
- 15.14%
- ALL TIME*
- 14.78%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $3.82B | $3.78B | $5.44B |
FSVLX vs. VOO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSVLX Fidelity Select Fintech Portfolio | -11.79% | 0.26% | 22.04% | 24.55% | -29.75% | 22.31% | 2.25% | 34.18% | -10.51% | 23.13% |
VOO Vanguard S&P 500 ETF | 10.16% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Correlation
The correlation between FSVLX and VOO is 0.59, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.59 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.77 |
Correlation (All Time) Calculated using the full available price history since Sep 9, 2010 | 0.80 |
Over the past year, the correlation between FSVLX and VOO has dropped to 0.59 - well below their long-term average of 0.80, suggesting their price drivers have been diverging.
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Return for Risk
FSVLX vs. VOO — Risk / Return Rank
FSVLX
VOO
FSVLX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Fintech Portfolio (FSVLX) and Vanguard S&P 500 ETF (VOO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSVLX | VOO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.16 | ||
| Sortino ratioReturn per unit of downside risk | -2.86 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 1.28 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.49 | 2.21 | -2.70 |
| Martin ratioReturn relative to average drawdown | -0.91 | 9.44 | -10.35 |
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Drawdowns
FSVLX vs. VOO - Drawdown Comparison
The maximum FSVLX drawdown since its inception was -83.84%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FSVLX and VOO.
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Drawdown Indicators
| FSVLX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.84% | -33.99% | -49.85% |
Max Drawdown (1Y)Largest decline over 1 year | -29.85% | -8.90% | -20.95% |
Max Drawdown (3Y)Largest decline over 3 years | -31.70% | -18.69% | -13.01% |
Max Drawdown (5Y)Largest decline over 5 years | -42.62% | -24.52% | -18.10% |
Max Drawdown (10Y)Largest decline over 10 years | -51.70% | -33.99% | -17.71% |
Current DrawdownCurrent decline from peak | -18.18% | -1.38% | -16.80% |
Average DrawdownAverage peak-to-trough decline | -25.63% | -3.67% | -21.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.08% | 2.08% | +14.00% |
Volatility
FSVLX vs. VOO - Volatility Comparison
Fidelity Select Fintech Portfolio (FSVLX) has a higher volatility of 7.58% compared to Vanguard S&P 500 ETF (VOO) at 3.54%. This indicates that FSVLX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSVLX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.58% | 3.54% | +4.04% |
Volatility (6M)Calculated over the trailing 6-month period | 19.59% | 10.10% | +9.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.53% | 12.82% | +10.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.89% | 16.93% | +7.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.87% | 18.01% | +7.86% |
FSVLX vs. VOO - Expense Ratio Comparison
FSVLX has a 0.81% expense ratio, which is higher than VOO's 0.03% expense ratio.
Dividends
FSVLX vs. VOO - Dividend Comparison
FSVLX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.07%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSVLX Fidelity Select Fintech Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 19.25% | 1.93% | 1.77% | 8.59% | 1.58% | 3.84% | 10.51% |
VOO Vanguard S&P 500 ETF | 1.07% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Frequently Asked Questions
FSVLX and VOO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSVLX has higher volatility (7.58%) compared to VOO (3.54%). In terms of maximum drawdown, FSVLX dropped -83.84% vs VOO's -33.99%.
VOO currently has the higher Sharpe Ratio (1.53 vs -0.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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